☕ SPY ZERO DTE February 20, 2026 EDGE News – VIP LEVELS 🐻🐻 FRIDAY – BEAR COUNTY (On The Monster) 🐻🐻
📰 THE MORNING LESSON
“Friday + Max Pain + Monster = The Triple Magnet”
Today is the SAME setup we saw January 30th:
- Friday ✅
- Max Pain at 685 ✅
- #1 Monster at 685 (190.6M) ✅
And guess where we are? 685.1
We’re sitting RIGHT ON the triple magnet.
What does this mean?
Friday is OPTIONS EXPIRATION day. Max Pain is where most options expire worthless. The market GRAVITATES toward it.
Today, expect:
- Choppy, range-bound action around 685
- Any moves away from 685 likely to get pulled BACK
- Don’t fight the pin
The entire chart below 689 is RED.
Massive negative exposure. But we’re not trying to predict direction today — we’re respecting the gravitational pull.
☕ Also read the PRE-MARKET update in your VIP room.
Q wakes up at 4 AM, reads futures, scans other markets, and posts the pre-market tactical summary. That’s where the LIVE context lives. This newsletter is the ROADMAP. The pre-market is the WEATHER REPORT.
Use both. Or fly blind.
⚖️ DISCLAIMER – READ FIRST
This is not investment advisory. I’m not calling trades. I’m teaching you to think. These levels are NOT buy/sell signals. Trading involves substantial risk of loss. If you can’t afford to lose, don’t trade. No guarantees. Full disclaimer at bottom.
📋 To Be Fair to All:
- Do not post your trades publicly — only share with Gary or Q confidentially.
- The levels are key levels, but price can always change — no one controls the market. No crystal ball. No guarantees.
- We will post the tape after the fact — to avoid any misunderstanding during live calls.
- IF you create a student zoom room and you are bringing in paid members you are supposed to take permission. IKIGAI, Q or G and our associates and undertakings are not liable in any manner whatsoever directly or indirectly. Please review your agreement.
- We will not cherry pick. You will see the good, the bad, and the ugly.
- We’ll continue doing weekly calls to help you maintain clarity with structure.
🚨 WHAT ARE Q LEVELS? (READ THIS OR LOSE MONEY)
Q Levels are NOT support and resistance.
Q Levels are strikes where Market Makers who are EXPOSED will HEDGE. When price reaches these levels, MM activity creates reactions — but that does NOT mean you enter a trade.
Q Levels are 1 of 6 structure points. You need ALL 6 to make a trade decision:
| # |
Structure Point |
What It Tells You |
| 1 |
Q Levels (Exposure) |
Where MMs are exposed and will hedge |
| 2 |
Liquidity Zones |
Where stops are sitting (LQ Green / LQ Red) |
| 3 |
Market Structure |
CHoCH, BOS, Higher Highs, Lower Lows |
| 4 |
Volume |
Is money flowing in or out? |
| 5 |
Time |
Opening range, power hour, lunch chop |
| 6 |
POI Confluence |
Do multiple points align? |
❌ Q Levels alone = You will lose money ✅ Q Levels + 5 other structure points = You have an edge
Follow the education.
🚨 THE 5-MINUTE RULE (YOU’RE DOING IT WRONG)
WRONG: “Price hits 690, I wait 5 minutes, then I enter.”
RIGHT: “Price hits 690, I watch if it HOLDS above/below for 5+ minutes while checking structure. If it holds AND structure confirms, THEN I look for an entry.”
The 5 minutes is not a timer to enter. It’s a FILTER to see if the level is real.
| What You See |
What It Means |
What You Do |
| Price hits 690, immediately reverses |
Level rejected, no hold |
NO TRADE – wait |
| Price hits 690, chops around for 3 min, falls back |
Failed to hold |
NO TRADE – wait |
| Price breaks 690, holds above for 5+ min, structure confirms |
Level accepted as support |
NOW check your 6 points for entry |
The 5-minute hold is CONFIRMATION, not a green light.
⚙️ Q ALGO™ TIMEFRAME PRESSURE
Draw these 3 lines on your chart:
| Line |
Value |
Color |
Meaning |
| MM Flip |
689 |
🟠 Orange |
Above = Bulls in control. Below = Bears in control. |
| MM Ceiling |
690 |
🔴 Red |
Break + hold above = See structure for LONG |
| MM Floor |
675 |
🟢 Green |
Break + hold below = See structure for SHORT |
📍 TODAY: Price at 685.1 = 3.82 pts BELOW Flip = 🐻🐻 BEAR COUNTY
SITTING ON THE TRIPLE MAGNET: #1 Monster (685) + Max Pain (685) + Friday = Gravitational pull HERE.
📊 YOUR LEVELS
TradingView String (Copy & Paste):
691,692,690,685.1,685,688.92,670,680,675,685
How to use: Paste into IKIGAI Master QZ Structure indicator.
Options Flow (Strike, Calls, Puts):
692, 13.1K, 0
691, 13.7K, 0
690, 26.3K, 17K
689, 9.6K, 14.6K
688, 5.9K, 13.3K
686, 3.5K, 19K
685, 15.1K, 32.9K
684, 3.9K, 9.1K
683, 2.4K, 10.2K
680, 15.8K, 39.4K
678, 3.9K, 17.9K
675, 8.5K, 58.9K
670, 3.1K, 106.6K
Look at the flow 👆 — MASSIVE PUT WALLS from 685 down to 670. The entire battlefield below 689 is controlled by bears. Only green at 690+.
🎯 WHAT THIS MEANS
TRIPLE MAGNET AT 685 — FRIDAY PIN LIKELY
- #1 Strike: 685 (190.6M) – MONSTER — WE ARE HERE
- #2 Strike: 680 (168.5M) – GIANT — Below us
- #1 AND #2 are BOTH NEGATIVE = Bearish structure
BUT… it’s FRIDAY and Max Pain is 685.
The gravitational pull to 685 is EXTREME today. Expect:
- Moves away from 685 to get pulled back
- Chop around 683-687 range
- Low probability of big trend day
If we break 690 with structure = bullish surprise If we break 680 with structure = bearish continuation Most likely = pin around 685
🐂 LONG LEVELS (See Structure for Long)
| Level |
Name |
MM Exposure |
What Must Happen |
| 689 |
Flip Zone |
— |
Reclaim + hold 5 min + structure confirms |
| 690 |
P1 / Ceiling |
26.4M |
After 689 holds, next target |
| 692 |
P2 |
8.1M |
After 690 holds, extension |
⚠️ DO NOT buy just because “it’s at support.” ✅ DO wait for reclaim of 689 + hold + structure (all 6 points).
NOTE: Long trades are COUNTER-TREND. Higher risk. And it’s Friday pin day.
🐻 SHORT LEVELS (See Structure for Short)
| Level |
Name |
MM Exposure |
What Must Happen |
| 683 |
First target |
47.2M |
Break below + hold 5 min + structure confirms |
| 680 |
N2 / #2 Giant |
-72.1M |
After 683 breaks, next target |
| 675 |
N1 / Floor |
-90.2M |
After 680 breaks, next target |
⚠️ DO NOT short just because chart is red. ✅ DO wait for break + hold + structure (all 6 points).
NOTE: Friday pin may pull price BACK to 685 even if you get a breakdown.
☕ NO TRADE ZONE
| Zone |
Why No Trade |
| 684-686 |
Friday pin zone around Max Pain. Expect chop. This is where the enemy cooks you 🍳 |
What to do: If you MUST trade Friday, wait for price to reach the EDGES (690 or 680), then check ALL 6 structure points. Or just watch and learn.
📊 SIMPLE DECISION TABLE
| Price Location |
What To Do |
| Above 690 (break + holding) |
See structure for LONG — bullish surprise |
| At 689-690 |
Decision zone — reclaim Flip or reject? |
| Between 684-688 |
☕ FRIDAY PIN ZONE — likely chop |
| At 685 |
⚡ WE ARE HERE — Triple Magnet |
| At 680 |
Decision zone — bounce or break? |
| Below 680 (and holding) |
See structure for SHORT toward 675 |
🔥 FRIDAY FACTOR
| What We Have |
What It Means |
| Friday |
Options expiration — Max Pain magnet |
| Max Pain at 685 |
Market gravitates HERE |
| #1 Monster at 685 |
MM exposure concentrated HERE |
| Price at 685.1 |
We’re sitting ON the magnet |
| Entire chart RED below 689 |
Bearish structure BUT Friday pin overrides |
FRIDAY PIN EXPECTATION:
- Chop around 683-687
- Any breakouts likely to fail and get pulled back
⚖️ DISCLAIMER
This is not investment advisory. I’m not calling trades. I’m teaching you to think. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The IKIGAI Algo and any associated indicators, tools, or educational materials are provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. You should consult with a qualified financial advisor before making any trading decisions. Q Levels and affiliated parties are not registered investment advisors, broker-dealers, or financial planners. By participation, you acknowledge you are solely responsible for your own trading decisions and any resulting gains or losses. No guarantees of profit or specific results are made or implied. All sales are final. Please trade responsibly and only risk capital you can afford to lose.
— Q Levels Trading | Coffee With Q ☕🐻🐻
